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NBCC

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  NBCC                                                             Technical Analysis Stock Name: NBCC Trend: Bullish, Inverted head and shoulder Pattern NBCC: Break of neckline                                                                         Technical Pattern: Inverted Head & Shoulder Directional Index (Momentum): Positive Volume: Positive MACD: Bullish Crossover Disclaimer :  This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before making any financial decision.  

Sukanya Samridhi Account Scheme

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Sukanya Samriddhi Scheme The account can be opened in the name of a girl child till she attains the age of 10 years.  Minimum deposit Rs. 250/- Maximum Deposit Rs 1.5 Lakh in a financial year. Only one account can be opened in the name of a girl child. The account can be opened in Post offices and in authorized banks. The account shall mature on completion of 21 years from the date of opening the account. Interest earned in the account is free from Income Tax under section 10 of the I.T Act. Withdrawal shall be allowed for the purpose of higher education of the account holder. The account can be permanently closed in case of marriage of a girl child after her attaining the age of 18 years The rate of Interest for the period 01.04.2020 to 31.03.2022 is 7.6%

Zeel Technical Analysis

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Zee Entertainment Limited                                                             Technical Analysis Stock Name: Zeel Trend: Bullish, Inverted head shoulder Pattern Zeel: Wait for breaking of neckline                                   Wait for breaking of resistance level (neckline) at 260 with              volume                                       Technical Pattern: Inverted Head & Shoulder Directional Index (Momentum): Positive Volume: Wait for volume Disclaimer :  This analysis is purely for educational purpose and does not contain any ...

Financial Advice

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 Financial Advice you should know For Debts *  Prioritize the debt with the highest interest rates first. Once paid, focus on the next highest rate.  *  Which is better Rs. 5000 in a savings account and Rs. 1000 in credit card debt or Rs. 1000 in a saving account and no credit card debt. Of course the latter. High-interest debt can cancel off any interest you earn from a savings account. For Credit cards * Don't use credit cards if there is no advantage. Because it encourages you to spend more. * Set a reminder to pay off your credit card balance.  You will know how much you have in your bank account balance. For Shopping *  Buy items during seasonal sales as it's the best time to purchase. *  Compare prices online on at least 3 shopping platforms. *  When you purchase, leave it in the cart for a few days. You will get an email offering further discounts on the item.

Personal Finance Hacks

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  Personal Finance Hacks Invest in yourself Invest your time, money and energy that support your financial growth.  Upgrade yourself. Start investing early When you start early you have a longer time to build a corpus. Early investment leads to compounding returns. Make a budget It is a plan to decide how much you will spend your money each month. It helps you to see where your money is going. Keep debts away Live a debt-free life for mental peace. This debt-free life will give you the bandwidth to take new financial responsibility. Build a contingency fund An emergency fund is a key component of good financial plan. Ideally, you should keep aside the amount equivalent to at least 6 months' expenses as an emergency fund.     

ONGC

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ONGC                                                             Technical Analysis Stock Name: ONGC Trend: Bullish, Trading in Channel Bank of Baroda: Ready to touch resistance level (143)                                      Support  level is (132) Technical Pattern: Channel Trading Directional Index (Momentum): Positive MACD: Positive crossover Volume: Positive Disclaimer :  This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before making any financial decision.

What is Technical Analysis

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 Technical Analysis  Technical Analysis is the method to predict future prices. Prices refer to the combination of open, high, low and close of a particular security in a specific timeframe. Technical Analysis is applicable to stocks, commodities, futures, indices etc. Prices are determined in technical analysis on the basis of demand and supply(volumes) Future prices are predicted on the basis of historic price, volume, and open interest. To predict future price movement we need charts, patterns and indicators. Different time frames can be used in technical analysis i.e. 1 min, 5 min, 15 min, 30 min, hourly, daily, weekly, and monthly. Technical analysis help investors to anticipate what is likely to happen to price over time.

Bank of Baroda

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Bank of Baroda                                                             Technical Analysis Stock Name: Bank of Baroda Trend: Bullish, Trading in Channel Bank of Baroda: Ready to touch resistance level (130)                                      Support  level is (100) Technical Pattern: Channel Trading Directional Index (Momentum): Positive RSI: Trading in channel Volume: Positive Disclaimer : This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before making any financial decision.

Benefits of Technical Analysis

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 Benefits of Technical Analysis It helps to select stocks and commodities for trading. It helps to identify trends. It helps to find the strength in trends. It helps when to buy and sell a stock or a commodity. It helps to minimize risk. It helps to generate profit in intra-day, short term and long term. It helps to place a stop loss. It helps to find over-bought and over the sold area.

Recession

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RECESSION India has zero probability of slipping into recession in the next year. While other economies, including Asia, Europe and the US face the risk of crisis.  A global pandemic, a war between two nations and a breakdown in the supply chain system resulted in sky-rocketing inflation. The global recession is just around the corner. India's Recession Probability is ZERO.

Technical Analysis

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 Technical Analysis

FPIs Participation in Commodity Derivatives

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FPIs in Commodity Derivatives SEBI allows foreign portfolio investors to participate in the exchange-traded commodity derivatives. It enhances the liquidity in the Indian market. It reduces the price gap. FPIs are allowed to trade in all non-agricultural derivatives. They are allowed to participate in the cash settlement contract. Their participation will bring down the transaction cost in the commodity segment. Presently, 10000 FPIs are registered in the Indian commodity market, the same will bring liquidity to the Indian ETCDs segment (Exchange Traded Commodity Derivatives).

Post Office Saving Schemes

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  Post Office Saving Schemes

SWIFT CODE

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  SWIFT CODE SWIFT stands for Society of Worldwide Interbank Financial Telecommunication. For international business, SWIFT codes are a common part of conducting transactions SWIFT code is a business Identification Code assigned to banks by SWIFT, as an easy cross-border payment solution. Swift code is an alpha-numeric code comprising bank code, country code, location code and branch code. Used by banks and financial institutions to identify themselves globally. Mainly used to process international remittances or money transfers. For transferring money within India you need an IFSC code, not a SWIFT code. You need the beneficiary name, bank details, and account number along with a SWIFT code to make a transfer internationally.

Bank of Baroda

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  BANK OF BARODA Bank of Baroda reported a steady operating performance. A healthy growth rate. Business growth was strong with loans growing 6% Q-o-Q. Asset quality improved sharply with GNPA and NNPA ratios falling NIM fell 5 bps q-o-q to 3.08%. FIIs holding increased from 7.37 to 9.14 in Q4 and  DIIs holding increased from 14.65 to 15.08. Risk reward looks attractive and valuation is inexpensive. The potential upside of 28% 

PROMOTERS

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 Promoters  A company promoter is a person or a group of persons who come together to set up a business. A person who is engaged in the incorporation of the company. A promoter is the one who forms a company with a given object and sets it going by taking the necessary steps. In India, the promoters are governed by the Companies Act, 2013. Parameters to evaluate a promoter's involvement in small companies- Shareholding - Promoter holding signifies the percentage of shares that are held by the promoters of a company.  If promoters are investing, it shows that he is confident about the company. He behaves in the best interest of the company. INCREASING STAKE BY PROMOTERS IS POSITIVE Remuneration - The salary drawn by the promoter of the company is the key parameter to be looked upon. It becomes important to identify the companies where promoters are gifting themselves sky-high salaries. Dividend  - Dividend reinvesting is a great idea. It means promoters are involved...

Battery Swapping Policy

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 Battery Swapping Policy Electric Vehicles have witnessed healthy growth as c onsumers are getting affordable eco-friendly transportation along with government incentives. The Indian EV market is still not fully grown. But it is expected to grow at a CAGR of 90% from 2021 to 2030. The market is fast expanding and is predicted to grow in value. 'Niti Aayog' plans to introduce a battery swapping policy, to overcome the lack of public charging infrastructure. Batteries account for approximately 40% of the total cost of an EV. Battery recycling can be seen as the only viable option.  As recycling can reduce the environmental impact as well as the overall cost of batteries. 'GRAVITA INDIA' is one such company that is actively involved in sustainable battery recycling. EV drivers may opt for battery swapping to replace exhausted batery blocks with freshly charged ones at swap stations, under 'Battery Swapping Policy' . This is faster than charging the vehicles. Batt...

LIC IPO

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LIC IPO LIC IPO would be the biggest ever in the history of the Indian stock market. Once listed LIC market valuation would be comparable to top companies like RIL and TCS. The LIC IPO was originally planned to be launched in March. But the Russia-Ukraine crisis has derailed the plans as markets are volatile. The government has time till 20 May to launch LIC IPO. If the government misses the 12 May window, LIC would have to file fresh papers with SEBI. The officials said it would wait for the market to stabilize so that retail investors get confidence to invest in the stock market According to the norm up to 5% of an issue size is reserved for employees. 10% is reserved for policyholders.

Trade in US stocks via NSE IFSC

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 Indian Investors can trade in US stocks Investors in India will be able to trade in US stocks through the NSE International Exchange NSE IFSC).  It is a wholly-owned subsidiary of the National Stock exchange (NSE). Investors can invest in NSE IFSC receipts on US stocks. It is in the form of depository receipts (DRs) For a start, this will include DRs of 50 US stocks such as Apple, Alphabet, Amazon, Tesla, Microsoft, Morgan, Stanley, Nike, P&G, Coca-Cola, and Exxon Mobil. Resident investors will have to open a demat account at the IFSC and the stock receipt will be considered foreign assets for filing income tax returns. Short-term capital gains will be taxed at the slab rate.  Long-term capital gain will be taxed at 20 percent with indexation.

T+1 Settlement Cycle

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  Stock Market Shifts to T+1 Cycle   Indian stock market has shifted to a shorter settlement cycle on 25th Feb 2022. In the first phase, 100 stocks based on the lowest market capitalization on NSE were put under the new settlement cycle. It means shares falling in this settlement cycle will get their money or shares delivered within 24 hours. 500 more stocks will be added on the last Friday of every month. This move of reducing the settlement cycle will increase retail participation because of more liquidity within the available funds.